Hard Lessons from Private Equity and Overcapitalization

In this episode, Judi Sheppard Missett, founder and executive chair of Jazzercise, talks creating a family enterprise built on movement, joy and connection. Also, Michael Kaplan, whose family founded Lane Bryant, recounts how his great-grandmother revolutionized maternity wear in the 1890s, how his father’s attempt to buy back the business ended in disappointment and how those experiences shaped his own path as an entrepreneur and investor. And, in part 2 of our conversation with Jon Vaughan, former president of Brand Vaughan Lumber Company, he discusses what life looks like after the sale of a third-generation family business.

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